Story by

Cryptopia administrators have also requested “urgent interim relief,” which they say is critical to maintain a single SQL database that stores all of its users’ individual account holdings and contact details.

“Without this information, reconciling individual holdings with the currencies held by Cryptopia will be impossible,” reads a statement posted early Monday.

Incredibly, Bloomberg recently reported that liquidators were worried all of its data could be overwritten or lost unless Cryptopia pays an eye-watering $2 million to the company that hosts it, an Arizona-based web services firm.

“This would be potentially catastrophic for the liquidators and account holders,” one liquidator told Bloomberg; the liquidator then confirmed that none of $16 million in tokens stolen had been recovered so far.